Oil Billionaire Gives $100,000 Christmas Bonus to Each of His Nearly 1,400 Employees


A Houston energy company is playing Santa this holiday season to its employees in a life-changing way.

Hilcorp Energy Co., founded by Jeffrey Hildebrand, plans to give each of its nearly 1,400 employees a $100,000 bonus this Christmas for reaching the company’s five-year goals, according to the Houston Business Journal.

The company successfully met their goal, set in 2010, to double oilfield production, gas and oil reserves and the net value of the company. The goals were to be achieved by the end of 2015 but were met in the spring.

Employees of all job levels and titles received up to $100,000 based on time of service over the last five years.


“It’s just a true gift,” Amanda Thompson, a receptionist at Hilcorp for over a decade told Fox 26 Houston. “And I think myself, as long as everyone else is not going to give any less than one-hundred percent each day.”

This isn’t the first time Hilcorp has been a generous employer. In 2010, the company rewarded its employees with either a $50,000 car or $35,000 in cash for reaching their previous five-year goals.

Hilcorp was included in the 2015 Fortune 100 Best Companies to Work For list for the third year in a row. The company was also included in the publication’s Best Workplaces for Diversity list and Best Workplaces for Millennials list.

“Mr. Jeff Hilldebrand, and our president Greg Lalicker, they are such amazing motivators,” Thompson told Fox 26. “Somedays I just kind of look down the hall and say I cant believe these are my bosses and they’re the best.”

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